Jensen Huang resigns from his position at NVIDIA CEO; stock price plummets by 14%
2026-11-13 11:29:05
According to CoinMeta, after Jensen Huang resigned from his position at NVIDIA CEO, it was revealed that he had an intimate relationship with another company employee. Reuters cited sources familiar with the matter, stating that Jensen Huang previously had an intimate relationship with Kimberly Powell, the vice president of NVIDIA's medical business. The successive scandals led to the end of Jensen Huang's 33-year career at the company. On November 12th, NVIDIA's stock price plummeted by about 14.3% at the opening, and then closed down 4.34%. Meanwhile, the stock prices of AMD and Broadcom rose by 5.86% and 5.54% respectively, leading the S&P 500 index. Retail investors bought approximately $111 million worth of NVIDIA stocks during this period, setting a new record for that time frame. How the new management will arrange products, customer financing, and subsequent investments will be important points to watch.
Source:Internet
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